Metro (B4B3) Given a €18.20 Price Target at Kepler Capital Markets

Metro (ETR:B4B3) received a €18.20 ($21.67) price objective from Kepler Capital Markets in a note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ price target indicates a potential upside of 5.81% from the company’s previous close.

B4B3 has been the topic of several other reports. Jefferies Group set a €17.30 ($20.60) target price on Metro and gave the company a “neutral” rating in a research report on Thursday, December 14th. equinet set a €29.00 ($34.52) target price on Metro and gave the company a “buy” rating in a research report on Thursday, January 18th. Sanford C. Bernstein set a €17.00 ($20.24) target price on Metro and gave the company a “neutral” rating in a research report on Tuesday, December 19th. JPMorgan Chase & Co. set a €17.50 ($20.83) price target on Metro and gave the stock a “neutral” rating in a research report on Friday. Finally, Independent Research set a €22.00 ($26.19) price target on Metro and gave the stock a “buy” rating in a research report on Friday, October 20th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of €19.64 ($23.38).

Metro (ETR B4B3) opened at €17.20 ($20.48) on Monday. Metro has a 12-month low of €15.48 ($18.43) and a 12-month high of €19.70 ($23.45). The stock has a market capitalization of $6,100.00 and a price-to-earnings ratio of 19.11.

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About Metro

Metro AG engages in the wholesale and food retail business. As of September 31, 2017, it operated 759 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names serving hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and authorities in 25 European and Asian countries.

Analyst Recommendations for Metro (ETR:B4B3)

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